tokanizedgold

The U.S. regulator launched a five-year exemption to trade certain tokenized shares and facilitate “onchain” operations. Bitcoin reacted with a sharp rise, although Peter Schiff warned that the move could make the cryptocurrency less attractive.
The U.S. Securities and Exchange Commission (SEC) took a key step toward bringing blockchain into traditional markets by enabling a temporary regime for the “onchain” trading of certain tokenized shares. The decision promises more flexible operations and faster settlements and, at the same time, opened a new debate about the impact that the expansion of these instruments could have on Bitcoin.